🏆 GOAT Of All Bulls Of All Times 🐐⚽but Debt is FIFA. ⚽

Football has given us endless debates.

Messi.
Maradona.
Pelé.

Who is the GOAT? ( You ask me? It's Messi 🐐⚽🏆)

Everyone has an opinion.

When it comes to macroeconomics, however, I think the answer is much simpler.

Inflation is the GOAT of all bulls.🏆🏆🏆🏆🏆🏆🏆

Some of you may remember that I have been saying this for years.

🏆 GOAT Of All Bulls Of All Times

🏆 CPI: Greatest Bull Of All Times

📈 Inflation Report Today: Consumer Price Index Accelerating

Years later, I'm still looking at the very same match.

Only now, we've played a few more seasons.

Look carefully at the chart.

After the Global Financial Crisis...

After COVID...

After unprecedented money printing...

After trillions in government spending...

After aggressive interest-rate hikes...

The long-term trend is still pointing in the same direction.

Inflation has slowed recently.
But don't confuse a correction with the end of the match.

History reminds us that meaningful declines in CPI have often appeared during periods of economic stress.

COVID.
Different crises.
The same scoreboard.

Now here's where the story gets even more interesting.

People often ask me why stock markets continue making new all-time highs.

Why has real estate appreciated so much over the years?

Why do productive assets seem to become more expensive decade after decade?

Because inflation doesn't just increase the price of groceries.

It changes the value of money itself.

If your currency gradually loses purchasing power, investors naturally look elsewhere.

-Stocks.
-Businesses.
-Real estate.

Anything capable of preserving or growing wealth over time.

In other words...

Asset prices don't only rise because companies become more valuable—they also rise because the measuring stick itself keeps changing.

And that brings me to another player in this match.

If inflation is the GOAT but hey:

Debt is FIFA. ⚽

-Debt writes the rules.
-Debt keeps the tournament alive.

Every major crisis over the past two decades has eventually been answered with more borrowing, more liquidity, or more stimulus.

-Debt feeds liquidity.
-Liquidity fuels inflation.
-Inflation pushes nominal asset prices higher.
-The cycle continues.

Today, stocks trade around record highs.
Yet there is surprisingly little euphoria.
It's almost as if new highs have become normal.

Maybe that's because we've all become accustomed to living in a world where debt keeps expanding, liquidity eventually returns, and inflation quietly keeps moving the goalposts.

Could this time be different? Maybe.

The latest pullback in CPI deserves attention.
History tells us that these moments matter.
Whether this is simply a healthy normalization or the beginning of something much larger remains to be seen.

Eternal Wisdom 📜
Until then remember the ancient Greek philosophy tips, so here are 10 Delphic maxims related to 'money and wealth':
ΠΛΟΥΤΕΙ ΔΙΚΑΙΩΣ — Gain wealth through just means.
ΔΙΚΑΙΩΣ ΚΤΩ — Build fortune lawfully.
ΠΟΝΕΙ ΜΕΤ’ ΕΥΚΛΕΙΑΣ — Let your labor be honorable.
ΠΛΟΥΤΩ ΑΠΟΣΤΕΙ — Do not become enslaved by wealth.
ΧΡΩ ΧΡΗΜΑΣΙ — Use your possessions wisely.
ΔΑΠΑΝΩΝ ΑΡΧΟΥ — Control your expenses.
ΚΤΩΜΕΝΟΣ ΗΔΟΥ — Take rightful satisfaction in what you earn.
ΕΡΓΑΖΟΥ ΚΤΗΤΑ — Work for what is worth having.
ΙΔΙΑ ΦΥΛΑΤΤΕ — Protect what is rightfully yours.
ΤΟ ΣΥΜΦΕΡΟΝ ΘΗΡΩ — Pursue what benefits your household and community.
(wanna be wise? I propose you go check the rest of them. 147 in total, starting with 'Know thyself and everything in moderation' being the most famous/important ones


The best investors don't just watch prices—they study the system that creates those prices. Zoom out, connect the dots, and you'll often understand tomorrow better than those who only focus on today's headlines.

One Love,

The FXPROFESSOR 💙